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Book - Product Information
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
Rating: 4.5/5 Stars
Rank: 2298
Soviet-born author and practicing psychiatrist Elder (director, Financial
Trading Seminars, Inc.) shares his learning over the years as a
professional trader and expert in technical analysis and his principle of
understanding the three Ms (Mind, Method, Money), which will strengthen
the discipline required to be successful in trading.
He explores crucial
factors in the markets that most experts overlook, including time, volume,
and open interest, and describes little-known indicators to track them
profitably.
In addition, he covers many of the more technical approaches
to investing in futures, such as factoring in the meaning from the Elliott
Wave, oscillators, moving averages, Market Logic, and point-and-figure
charting.
His unique viewpoints in this overly saturated genre explain his
particular view that most traders sabotage themselves, while offering tips
for others to avoid doing the same.
The narration by Richard Davidson
soundly guides the listener through this highly specialized work that,
although first published seven years ago, remains recommended for
university libraries supporting a finance and business curriculum.DDale
Farris, Groves, TX Copyright 2001 Reed Business Information,
Inc.--This text refers to the
Audio CD
edition.
About the AuthorALEXANDER ELDER, MD, was born in Leningrad and grew up in Estonia where he
entered medical school at the age of 16.
At 23, while working as a
ships doctor, he escaped from a Soviet ship in Africa and received
political asylum in the U.S.A.
He continued to work as a psychiatrist in
New York City, served as book editor of The Psychiatric Times, and taught
at Columbia University.
After becoming involved in financial trading, Dr.
Elder published over 50 articles, software, and book reviews, and spoke at
many conferences.
In 1988 he founded Financial Trading Seminars, Inc., an
educational firm for traders.
Editorials
Sample 3 of 6
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
![]() | | | From AudioFile | | The author, a psychiatrist, talks about how human nature intersects with
the investment world. Narrated with over-the-top gravitas start to finish,
the program warns the listener to keep a close eye on emotion and to... read full editorial |
![]() | | | Book Description | | Trading for a Living Successful trading is based on three Ms: Mind,
Method, and Money. Trading for a Living helps you master all of those
three areas:How to become a cool, calm, and collected
traderHow to profit from... read full editorial |
![]() | | | The publisher, John Wiley & Sons | | An eminent futures trader explores crucial factors in the markets that most
experts overlook--time, volume and open interest--and describes
little-known indicators to profitably track them. Covers all the popular
technical... read full editorial |
Customer Reviews
Sample 3 of 51
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
![]() | | | The type pf book to be read multiple times. | | (stumptown oregon) March 16, 2002 - 5.0/5 stars | | This is the type of book you keep on your shelf and read again and again.
I'm on my fourth reading and each time the learning becomes more valuable
than the previous. The first reading gave me a broad understanding... read full review |
![]() | | | Excellent book!! | | (Perth, WA AUSTRALIA) January 2, 2001 - 4.0/5 stars | | This is definitely a book for the novice, the intermediate and the
professional trader.The psychological section of the book is useful
more towards the intermediate and the professional trader, whilst the
trading tactics... read full review |
![]() | | | First Couple Chapters are Great | | (Manchester, CT USA) February 22, 2002 - 4.0/5 stars | | The first couple chapters are great, but the remainder is more filler, at
least in my case. I am familiar with technical analysis and fundamental
analysis, so I was looking for more on market psychology. The first... read full review |
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